first of all did not create the conditions at the beginning of two crises to fight against the crises it reacts very late. and on the other hand once the government now what to do the government it's not doing their job properly look good in the node obama who want people to wake up otherwise we'll just become slaves to the system who want to be treated as humans and they believe they can make a difference imo the government has to change things because they don't have a choice. with greece in shambles and neighboring portugal trashed by the rating agencies spain is facing not just a financial but a deepening social crisis members of the so-called indignant marches say they want their dignity preserved but whether their calls will be heard is a whole another issue even. madrid. and mean time greece has had

its credit rating cut once again meaning it's now just hovering above a level that would constitute a default attempts by the government there to solve the financial crisis saw thousands take to the streets some turning to violence and a financial analyst agrees with the protesters who feel that the latest one hundred nine billion euro bailout will only plunge the eurozone deeper into trouble. it increases the amount of debt it increases the amount of debt in the eurozone it is crease of the amount of debt in grace so this is a plan cooked up by bankers to repackage risa characterize resell debt that's what they do and it crowds out the real economy so if they think that this is going to help the economy grow their way to a position of paying off this debt or paying the interest on the debt that's not going to happen because by giving bankers more dead to control the productive part of the economy you are eliminating that part of the economy's ability to pay off

this debt so the banking cancer is just becoming worse in the eurozone and worse in greece playing out the banks there but not bailing out the workers or the people who are on the ground so to speak that bailing out european banks they're bailing out wall street banks they're bailing out other banks and so doing they're increasing the debt load so it's making the situation much worse and they're crowding out any ability for the workers in greece to generate enough income to pay off this debt this is consigning the population to debt servitude and in the united states the republicans on the democrats failed to strike a deal to resolve the nation's debt ceiling crisis over the weekend but secretary of state hillary clinton who was in the hong kong during a tour of asia says that she has no doubt an agreement will be reached before next week's deadline economic analyst martin henniker says that the u.s. is so deep in debt that america's global influence is being undermined. united

states is essentially bankrupt in any case if they increase their debt ceiling actually yes the chinese rating agency dugong has been saying even if they find an agreement and they increase the debt ceiling well it's going to be as a result more debt so the u.s. has thirteen point five trillion of debt and that's the nominal national debt but it's not even the fiscal gap including all the unfunded liabilities. of two hundred trillion us full of it's absolutely beyond control and all dramatically piers that the united states will be facing a sovereign debt crisis and we suggest that the investor should stay out of their region and look for a look for gold silver commodities top to help protect against what's going to there's a lot of talk always in the rest of our the dangers of china china's military growing and how much of a risk this poses to asia and the rest of the world but if you're looking at how much the united states is spending on military versus china it's totally

disproportionate the u.s. is spending a lot more the only difference is the u.s. is doing there is borrowed money and they can't afford it so we have to end so on but if you're just looking at the plain facts who has been attacking more third countries clearly it's europe and the united states who are meddling in a lot of other countries is far more serious consequences so far. are let's get some more details on this of course live to the business to dimitri to find out how the crisis in the u.s. might affect the stock and bond markets so well what kind of reaction dimitri are we seeing so well roy you can see it's a very negative reaction so far it seems that this whole hesitation uncertainty about how soon the united states might be able to reach a deal on raising the debt ceiling would be reached is already priced into the market everybody knows that there are problems everybody knows that it's hard for them to agree and of course everyone knows that they will have to raise the debt ceiling no doubt about that but many on the. as we've been talking to the past

couple of weeks have said that they're most likely to miss the deadline anyway and that's not going to have that much of a knock on effect all of pretty much previous week market was growing right now it's correcting just the slight little bit so you can't really say that people are panicking and running for cover so i'll bring you all the figures about that in more detail in around ten minutes sounds good i see you there thanks. well on the way here on r.t. of fighting the onslaught of a deadly drug but the crackdown on the substance known as crocodile but also affecting innocent painkiller users here in russia. the manifesting it twenty one years in jail for carrying out friday's twin attack in norway is due to make his appearance in court to explain his actions prosecutors are set to ask for his trial to be closed to the public and media thirty two year old anders a bearing a brick has admitted responsibility for a bomb attack in the capital and

a massacre at a youth camp however he's denied any criminal ninety three people reportedly lost their lives but police say that number could be revised downwards the bomb in oslo targeted buildings connected to norway's governing labor party and the youth was on oil island that was also being run by an investigative journalist attorney gosling told us here at r.t. the case highlights a new brand of terrorism. anders breivik thought he was some kind of teutonic knights from medieval times because he's echoing the kind of crusader attitude and it's a very strange version of christianity that he. is he says he's a christian i don't think he is maybe the same kind of strange version of christianity that bush and blair has been coming out with over the last ten years or so so i think that this is actually the tip of an iceberg is actually quite a lot of this neo nazi activity out there and now i think the antiterrorist or

thought he's right across the world are going to have to take this brand of terrorism much more seriously and particularly worrying is that he was a freemason and but even as declared that he was a freemason i would imagine that the the norwegian police are now going to be talking to other all the other members of any masonic lodges that he was in because this seems to be the place where this kind of fake christian rather nasty racist ideology was cooked up i would also add that it. interesting the police said they never come across him before the norwegian police but i wonder very much i wonder if the secret service in norway has been watching him because it was very strange that when he was first arrested on friday the police actually called out his name to him now it was very would be if they would have actually known as they first approached him what he's name was i would have thought that from the arrest point that's where the investigation would have started from i mean time og wrote a book on reform a.c.m. partners in chicago says the attack is likely to force norwegians to reconsider

immigration policies i think what this did is it really highlighted the immigration i don't want to call it a problem i want to call it you know immigrant reality there is a huge influx of immigrants coming into norway and you're oddly you know mostly in the bible and most norwegians probably didn't know that was twenty five percent immigrant who were riding they knew a lot more of those statistics now i think you're going to be you know people saying well gosh this guy was created lunatic but we have another pretty serious problem too the prime minister in the labor party generally did a great job you know comforting the nation those twenty four hours were had you know terrifying he did great job comforting the nation here's the issue with people hearing were right were with the leader pretty good we have to do in norway is you know that the extent concern to people who are nervous about the immigrant population you know are some of the more extreme groups you know we see extreme

views if that makes sense and adopt them into their own platform and say look you know average shoki voter we understand your concerns about this issue but we think norway had it in great interaction here is why so instead of managing and you know governing through fear and they have to adopt some of those you know who are through jingoistic policies but also present you know a more positive view of norway going forward. more in depth reports and video footage of friday's double atrocity just head over to our website www dot com when you're there you can tell us why you think attacks like this take place so let's check out the stats right now the big screen here the majority believes that no society is prepared to be prepared rather to be protected from the acts of mentally ill people thirty eight percent think the killings are a result of a failed cultural integration policies twelve percent blame the right to bear arms and the rest say it's down to the performance of the police log on to make sure you

share your opinion with us. now germany has decided to weigh in on nato's campaign in libya despite abstaining from a u.n. vote on military intervention back in march but says it's learning a hundred million euros to the rebels for quote civilian and humanitarian purposes the germans initially opposed action in libya but chancellor angela merkel has since expressed hope that the nato mission succeeds is also recognized the transitional national council as the legitimate government of libya comes as billions of dollars of colonel gadhafi assets remain frozen in offshore banks despite the coalition's pledge to give the money to the rebels german government consultant christophe things berlin has a vested interest in cashing in on the war. it is really a big question what this money is being used for first of all who controls that then next has nato ever cared for the civilian population in libya i don't think so

the group of countries bombing libya and using uranium weapons that of course is a group of countries not caring for the civilian population abstaining just being neutral in this case of course was not enough because nato has used the security resolution as a you know free hand to do just anything they want in effect they're fighting on the side of the rebels they're fighting the libyan government nobody knows where nato will decide to you know protect some civil populations and then meanwhile it killed the government more than twenty billion dollars in freeze the assets this money is going to be used to help the rebels but of course that is in a way totally illegal you can't just take money away from from governments and give it to rebels germany wants a piece of the cake to be to be clear germany wants to maintain its fifteen percent of the libyan oil as

a percentage of the total oil imports of germany. you would see live from moscow where it's now it's just a quarter past the hour the notorious guantanamo bay prison camp has been ruining lives and reputations for years many detainees went on to be released without charges after years of torment spoke to former detainee. who says that he was the victim of sadistic torture methods the full interview coming up in about fifteen minutes time right here on. i saw many people got killed. so. i was one of those who survived those kind of closure on myself they used electroshocks because i will not sign papers and. i was forced to agree that i'm be a member. and i was. even really i didn't know at the time what used to be when they asked me what i tried to tell you and i said i'm not

a member of them and they brought me papers to sign i refused and. they forced me to sign. another time the. water treatment it's normally on the water boarding another time they hang on chains i had chains on my hands and i was hanging on the ceiling there was pulling me on the ceiling with a chain and my feet used to be over the floor and i had no clothes on so i was hanging there for many days then the interrogator came he pulled me back down and. going to sign on out every time when i said no he just made like this and they pulled me back up.

the official. video. feed. dot com. welcome back you're with artsy bodies of all the victims who died when

a pleasure cruiser sank into russia's top sun republic two weeks ago have now been recovered the bulgaria went down in minutes on the volga river with one hundred and twenty two people perishing in the disaster seventy nine were rescued by the ship has been lifted from the river bed and shallow waters where the hole is to be drained and that's in order to help investigators establish the cause of the tragedy the captains of two ships that sailed by the bulgaria face criminal charges for failing to offer help people have already been charged with violating safety regulations. ok let's check out some other headlines from around the world for you this hour and syria approved allowing the formation of political parties other than the ruling baath party opposition groups have been banned in the country since a nine hundred sixty three military coup but a four month national uprising calling for the president to step down put pressure on the government to reform the political system however the army continues its operation to crush dissent against the regime detaining scores of people in the

capital and its suburbs. mexican authorities have arrested more than one thousand people in a crackdown on human trafficking and sexual exploitation the arrests were made throughout the weekend in a mexican northern city of ciudad juarez police say they also rescued a few dozen under-age girls the city is known as the deadliest in the country with over three thousand murders committed there last year alone. have hijacked an italian diesel tanker with twenty three crewmembers on board in western africa its act was carried out on sunday in the gulf of guinea off between whose navy is now pursuing the vessel most of the crew are from romania and the philippines with two italians incidents of this kind more common off the east coast of africa usually being committed by somali based pirates. the last suspect in the international war crimes tribunals list of one hundred sixty one fugitives is to

face the un court at the hague on monday. was arrested last week in serbia after seven years on the run is accused of atrocities during the conflict between croatia and yugoslavia in the early ninety's ranging from murder to religious persecution i will be joined on the line it's been five years since the revolution swept through egypt but many wonder whether it actually succeeded with people taking it to the streets to express their anger at the slow pace of reforms some experts question whether it was worth the bloodshed and one of the guests in the latest cross-talk thinks the forces behind the revolution are actually slowing it down. i think what is very surprising you know ways by the military yes of course it's trying to maintain its power its economic power its hold on egypt there's no question about it but one of the forces may paradoxically is asking the military to slow down partially with change it's actually the liberals who started the revolution because they have not been able to organize themselves so it is almost paradoxically the

muslim brotherhood is the one who is pushing for elections as soon as possible. while the liberals are the ones doing down the process which is a paradox. now or twenty one minutes past the hour here in the russian capital cheapness and availability have turned a highly toxic coding based drug known as crocodile into russia's second heroin in an attempt to stamp out the use of a deadly substance from next year painkillers will only be available by prescription but it's not easy enough reports the new law could lead non addicts to suffer instead we warn you may find some of the following images disturbing. what they call the crocodile because its users skin turns scaly before it falls off virtually unknown ten years ago it's a mixture of petrol solvents phosphorous and most importantly cheap medicines containing the painkiller it's now become rich the second most popular drug of the

heroin to which the cheaper and more easily available alternative injecting this lethal cocktail will rot a user's flesh in months most die wouldn't three years have been to be using it for two months i wish i never started taking it the government's come up with a simple solution. for now i can still buy coding containing drugs off the shelf but from next year onward need a prescription to do that statistics show that nearly half of russians use these drugs on a regular basis the vast majority of them for completely legitimate reasons so i think against drugs is the government going too far as in throwing the baby out with the bathwater coding is sold over the counter in most western countries but its sales have doubled in russia in five years and many say this is not a coincidence i think it was a mistake to start selling coding without a prescription in the first place by making it the most easily available opiate it

spawned this problem yet expert opinion has been divided some believe that this doesn't do enough to tackle the social cause of addiction and punishes innocent consumers. there is no efficient system in the country for issuing prescriptions so the people who will suffer for the ordinary pensioners and housewives who need those medicines. the drugs then in the moscow suburbs we came here to ask what the users themselves think about the new law. i don't believe it would change anything those who want to take drugs will take drugs we will buy them from the right pharmacies and if we don't get them to use something else we will always have something to inject. either of there are. more scripts. or less for more news and updates and exclusive video should head over to our website dot com here a few of the items your final line for you today. right in the cockpit of

a plane to see how pranksters armed with lasers first blinding the pilot and causing a disaster during landing. also online on this day twenty five years ago soviet astronauts suffered sky became the first woman to walk in space spending more than three and a half hours outside the show. all right it's good of you to join us here at r.t. i'll be back with a look at the day's headlines in just a few moments but for now dimitri is here with the business. thanks ori hello and welcome to the business update on the second largest utility

at its own has renegotiate of the pricing of its long term gas contracts with russia the italian company says it might be able to save up to two hundred eighty million dollars industry analysts believe the grievance could have a wide impact on other european operators because many of them are seeking to renegotiate a long term gas contract with supplies russia and l.g. . russia is resuming vegetable imports from italy in hungary in the past few weeks russia's consumer watchdog has also lifted restrictions on eight other e.u. nations including france belgium and then. the ban on was imposed early in june after a deadly outbreak of e. coli in germany. u.s. lawmakers are racing against the clock to forge a deficit reduction deal the agreement would clear the way for the congress to raise the fourteen point three trillion dollars debt ceiling if the politicians talks get stalled the u.s. may suffer a damaging default but this could only spur demand for u.s.

bonds as the chief economist at burbank explains. one of a high probability went as a result of the default in their states increase in the demand for your state's terrorists because you is treasuries is the largest market for low risk that sue if you increase close associates right you basically increase the risk of all in the overall system you all three many institutions which here require and by law do increase the number of ice it's in the dark dollar. much of the markets now where oil is declining this is the first time in five days on concerns of failure to reach a deal on raising u.s. debt ceiling may cause the biggest consumer of crude to default both light sweet and burned down this hour that's just below one hundred eighteen dollars with. gold

prices however have surged to record highs and the setting records pretty much every hour vessels are seeking safe haven amid dead jitters and global exchanges gold is trading at sixteen hundred twenty dollars even fifty cents per choice silver is at forty one dollars exactly. it's moved to europe now and it's showing slight slight of flat to negative picture right now bank stocks are leading european markets lower on monday because of the new deadline to raise the u.s. debt ceiling again and that because of the further downgrade of greece's rating and that's preventing markets from extending their winning streak moving to russia the markets are also in negative territory of a bird who was quite moderate nancy was down half a percent my sex with up a cent just so will stocks are down and energy stocks are related to the gas problem is down one percent last telecom is doing much better than the market it's

up one point nine percent. it's fluctuating on its own the past couple of weeks during market trends and pretty much fluctuates and news of just how much of the company's going to be privatized so it's also a good stock today it's up two point three percent as the gold mine enjoys yet another record high price for gold. now as the new trading week kicks off mark rubenstein for metropol life see give some names for investors to pocket cash we have been seeing strong commodity prices i don't expect that to change in the near future. i think gas from now. is a very interesting name in the fall and a correction in the past two weeks and with their oil prices back where they had been i think gas promising even room to run they had a name we like short charmin meter armies i think this is a variance opportunity right now and it has had a run up fall in the government funds really or given to the bank of

moscow and but i think it's going to continue it's still trades at about twenty five percent below as we are bank headlines and. hungry for the full story we've got it for. the biggest issues get a human voice face to face with the news makers. bringing you the latest in science and technology from around the world. we've got the future covered. wealthy british.

marget weiner scandal. find out what's really happening to the global economy is a report on. it's now at two thirty pm on monday here in the russian capital you with on the main headlines now unite over the government's failure to deal with the country's economic waters as thousands rally on the streets of madrid spain has the highest unemployment rate in the eurozone with over twenty percent of the population out of work. and the u.s. is struggling to strike a political deal over its own debt crisis with a possible default looming next week clinton has attempted to reassure asia's

markets promising an agreement will be found. the mastermind behind the worst peacetime massacre in norway's history is to appear in court to explain why he carried out a twin terror attack that killed over ninety people will be closed to the public and. germany makes a want to know its stance on nato intervention in libya and approves a hundred million euros loan to the rebels and he could is also in line for a multi-billion dollar cash injection from the international community if and when they hand over the libyan leader's frozen assets. those are the headlines here on r.t. for now though. continues to wreck lives despite president obama's pledge to shut down the notorious prison many detainees released without charge have shed light on what goes on there and we spoke to one former president couldn't those who says the u.s. hasn't issued even a simple apology for his years of torment his interview is right now.

the united states held current as i can tell them obey detention camp for five years before releasing him without charge mr krone's have you ever been given an apology or an explanation by the americans. and they did not what's even i don't thing that they are going to apologize for you were arrested in pakistan in two thousand and one why were you there here in germany i saw the group it's called jamaat oblique helping. young people who have problems with drugs or homeless people who has problems at all they always come from pakistan they have around the world eighteen million members it's i thing the biggest group and they are nonpolitical and they're against war.